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Giga Watt, one of North America’s largest cryptocurrency miners, is breaking new ground to add more data centers to its existing installation, part of a bigger strategy to reposition the company to better function within new economic realities of a slowing crypto-economy. The new construction, a 5 MW site hosting three pods, will be marketed … Read more
Bitcoin and cryptocurrency mining has become a very competitive industry, and the amount of processing power hashing away to mine these digital assets is truly amazing. However over the years since the inception of GPU and ASIC mining, essentially when home mining turned into an industry, the cryptocurrency mining space has been riddled with fraudulent … Read more
Another month, another ICO lawsuit. This time it’s Giga Watt in the firing line, a startup whose aim is to launch a cryptocurrency mining facility. The company describes itself as “the world’s first full-service mining solution provider” and promises “turnkey mining services”. A group of investors are not impressed though, and have filed a lawsuit … Read more
